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Standard deduction

A fixed Deduction allowed to taxpayers who do not itemize.

Related Terms: 5 Deduction, Low, Owe, Payer, Tax
Other Related Pages: Category: Taxes Starting With: S
Additional Related Terms: 52-week low, After-tax basis, All or any part, Accumulated earnings tax, All-risks coverage, Add-on service, Action to quiet title, Assignment to creditors, A shares, After-tax contributions